Calviño announces a financial aid program to digitize the media

by time news

2023-09-01 16:00:58

The Government has decided to promote the digitization and cybersecurity of the media and for this it will develop a financial aid program that will be defined with the sector itself. This was announced this Friday by the First Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calviño, who assured that “in the next few days” the Government will launch a public consultation to define this program that seeks the “digital transformation” of the media sector.

The vice president explained in the framework of the 37th edition of the Digital Economy Meeting organized by Ametic in Santander that the Government has detected that this sector “was not receiving the same support as others” and the promotion of digitization is considered “fundamental”. not only for its contribution to the country’s economy, but for the “proper functioning of our democracy and the trust of citizens.”

In the next few days they will launch an invitation to express interest, that is, a consultation process so that the sector itself indicates the investment needs, the priority sectors and the type of projects that they would like to develop “in order to articulate a program as as effective as possible”, added Calviño, who therefore did not specify the initial investment that could be channeled.

Impact of the digital sector on GDP

Before Calviño’s intervention, the general director of Ametic, Luis Pardo, presented the data from the Digital Economy Barometer, which reveals that the weight of the technology sector in the Gross Domestic Product (GDP) of our country stood at 22 .6% in 2022 with 299,926 million euros. Growth compared to 2021 was 1.3%.

“It can be said that, today, the digital economy is contributing close to a quarter of GDP and, if we look at it in the form of a return, each euro of investment contributes 2.6 euros to the global economy”, valued the general director of the employers’ association of the digital industry during the presentation of the report.

The barometer also shows that the sector had a turnover of 122,066 million euros in 2022, 5.1% more compared to the 116,178 million euros of the previous year. In this sense, 48.9% of the sector’s turnover comes from information technology, while communications accounted for 24.4% of revenue, digital content 13.9% and telecommunications and electronics 12.9%.

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